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$KORS, which competes with $RL, said that 4Q16 GM fell 20 BP to 58.2%, which included a negative foreign currency transaction impact of approx. 100 BP. The decline in GM is mainly due to a 120 BP decline in retail GM, attributable to additional markdowns, largely offset by GM benefits related to changes in geographic and segment mix.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.